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Latest News
10 Nov
UK construction output falls more than expected

UK construction activity is worsening, data from the Office for National Statistics showed on Friday.

10 Nov
interdire-le-diesel-ne-serait-pas-serieux-dit-segolene-royal
Chancellor Hammond considers new tax on diesel vehicles

Chancellor Philip Hammond announced on Thursday evening that the Treasury was considering implementing a new tax on diesel cars as part of a move to improve air quality in the UK that was set to be unveiled in his Autumn budget on 22 November.

10 Nov
London Stock Exchange AIM LSE shares
London midday: Stocks slip into the red as investors mull slew of data

London stocks had reversed small gains to trade lower by midday on Friday as investors mulled over the latest data on manufacturing, industrial production and construction.

10 Nov
camden high street retail shopping
Retailers hit by worst high street sales in a decade - BDO

UK retailers had their worst October for high street sales in a decade, with an unusually warm autumn blamed for putting the mockers on sales of coats and other seasonal wear.

10 Nov
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Johan Lundgren to replace McCall as EasyJet CEO

Budget airline EasyJet has announced the appointment of Johan Lundgren as its new chief executive officer, replacing Carolyn McCall, whose departure was announced back in July.

10 Nov
conduite-avec-un-gps-vtc-voiture-de-tourisme-avec-chauffeur-taxis-appli-de-transport-uber
Uber loses major employment rights case in London

Ride-hailing app Uber will be forced to treat its UK drivers as employees after it failed to win its appeal to a London court on Friday.

10 Nov
england ireland great britain
Northern Ireland must remain part of customs union after Brexit - EU

Leaked documents from the European Commission show that the EU will demand that Northern Ireland remains part of the customs union to avoid a hard border post-Brexit.

10 Nov
pennon viridor recycling waste industrial
React Group very disappointed with full year results

Cleaning and decontamination specialist firm React Group posted what it called "very disappointing" results from its full year's trading, noting however that trading in its second half had shown "signs of improvement".

10 Nov
a-businessman-waits-to-cross-a-street-in-tokyo
Asia report: Most markets follow Wall Street lower

Most markets in Asia finished in the red on Friday, taking their lead from Wall Street overnight, which closed lower on the back of tax reform plans from Senate Republicans.

10 Nov
Google by Dudley Carr (Flickr)
Google accused of aiding online fraudsters through 'copycat' websites

Officials at National Trading Standards have come out swinging against internet giant Google, accusing it of profiting from crime by allowing fraudsters to buy sponsored spaces in its search results.

10 Nov
cbtalktalk
Automatic compensation to roll out for 90pc of broadband customers

Broadband and landline customers will get money back from their providers when things go wrong, without having to claim it, following an Ofcom review, the regulator has confirmed.

10 Nov
ricardo engine manufacturing
UK manufacturing output continues to improve, trade deficit narrows

UK industrial production is increasing more than expected and the trade deficit is narrowing, a deluge of official figures showed on Friday, with manufacturing activity continues to grow but the construction sector entered a technical recession.

10 Nov
heathrow airport baggage ultra electronics
Berenberg downgrades Ultra Electronics to 'sell'

Berenberg downgraded Ultra Electronics to ‘sell’ from ‘hold’ and cut the price target to 1,550p from 2,250p.

10 Nov
vedanta
Revenue and earnings ahead in first half at Vedanta

Vedanta Resources revenue rose 49% year-on-year to $6. 8bn, it announced on Friday, with EBITDA ahead 37% at $1. 7bn, which the board said was primarily due to higher volumes and strong commodity prices.

10 Nov
FCA
Capita to compensate investors in collapsed fund, escapes FCA fine

Capita has escaped a fine but has been strong-armed by the financial regulator into paying up to £66m to investors who suffered losses due the collapse of an investment scheme operated by its recently sold asset services business.

10 Nov
Unite Group student student accommodation Glasgow
Unite Group exchanges contracts on £80m Leeds development

Developer and manager of student accommodation, Unite Group, has exchanged contracts to acquire a development site in Leeds on a subject to planning basis, it announced on Friday.

10 Nov
London Stock Exchange AIM LSE shares
London open: Stocks nudge up ahead of industrial production, manufacturing data

London stocks nudged a touch higher in early trade on Friday as investors eyed the release of key manufacturing and industrial production data and the continuation of Brexit talks.

10 Nov
heathrow airport baggage ultra electronics
Ultra Electronics expects DoJ decision on Sparton deal in March 2018

Ultra Electronics said on Friday that a decision from the US Department of Justice about its proposed acquisition of NYSE-listed Sparton is now expected at the end of March 2018.

10 Nov
forbury place reading berkshire galliford try office
Galliford Try hails 'increased certainty' in social housing partnerships

Galliford Try's council partnerships arm has benefited from "increased certainty" following recent government announcements and has a record order book, while housebuilding sales rates and the construction order book have remained unchanged since the year end.

10 Nov
ferguson wolseley
Ferguson to sell Nordics building materials business to Lone Star

Plumbing and heating products distributor Ferguson - formerly known as Wolseley - has agreed to sell its Nordics building materials distribution business, Stark Group, to an affiliate of private equity firm Lone Star Funds for €1. 03bn on a debt-free and cash-free basis.